“If it ain’t broke…” Fed’s Bowman pushes back on calls for post-SVB capital requirements hike
A Republican member of the Federal Reserve Board of Governors has called for more formal remediation measures against recalcitrant banks as shifts in management make informal “moral suasion” less effective – but called on her regulatory colleagues not to use this year’s high-profile bank failures as a “pretext” for pushing wider reforms.
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